Comcast Announces Job Cuts, Centralizes Xfinity Operations

Comcast, which owns Xfinity, is planning to cut jobs.

The goal is to make things run more efficiently by centralizing operations, especially for its internet, mobile, and pay TV services.

They're simplifying management, so regional leaders will report directly to the company's headquarters.

While some positions will be eliminated, the company is working to determine which ones.

This move is also aimed at strengthening their broadband business and winning back customers.

Customer service and retail teams are not expected to be affected.